Complete CFO Solution

Do you know how much it costs to have a CFO (Chief Financial Officer) on your company? In some countries a CFO can cost you as much as KUSD360 a year between salary and benefits, in Panama, this can go up to KUSD 180 a year. Not that is not worth it, but is rather expensive to have an employed CFO.

This is the person responsible for directing an organization's overall financial policies. Oversees all financial functions including accounting, budget, credit, insurance, tax, and treasury. Designs and coordinates a wide variety of accounting and statistical data and reports. Requires a bachelor's degree and at least 15 years of direct experience in the field. Demonstrates expertise in a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to CEO or COO and is a member of the corporate advisory board. It is also a unique individual with a combination of financial and executive leadership skills. An individual who can manage all worldwide Financial, Treasury, IT and HR functions while developing corporate and capital formation strategies. As a member of the executive management team, the position includes a balance of internal and external focused responsibilities including representing the company and products to the financial community. Also responsible for directing an organization's accounting functions. These functions include establishing and maintaining the organization's accounting principles, practices, procedures, and initiatives. Supervises financial reports and presents findings and recommendations to top management. Typically requires a CPA. Demonstrates expertise in a variety of the field's concepts, practices, and procedures.

Benefits:
What we at PTA offer is all this into one free lance single solution at rather cheap monthly retainer or hourly rate in order to guarantee that your business is under a professional umbrella that will:

  • Develop an operating plan for Finance, Taxes and Accounting needs
  • Maintain daily contact with headquarters on Finance, Taxes and Accounting issues
  • Working in conjunction with the customer to develop the vision and strategic goals for the company and to ensure their effective implementation
  • Ensure that the company stays within its resource and cash limit and produces annual accounts to a high standard and on time.
  • Ensure that the company meets its financial targets
  • Lead the financial input into the negotiations of commissioned services with suppliers
  • Provide the Management with timely and accurate financial information to facilitate effective decision-making
  • Monitor the company's financial performance ensuring compliance with all statutory returns and meeting the requirements of the local tax authorities.
  • Manage the finance department and support their development while ensuring all staff have appropriate plans for training and continuing professional development
  • Administration and management of budget projections with the goal of maintaining an average growth on annual profits
  • Establish controls and procedures that guarantee the efficiency and accuracy on the operations
  • Elaborate general and administrative expenses reduction projects
  • Attend planning meetings as required
  • Provide financial and cost analysis information as requested
  • Gather pertinent information from briefings with responsible agencies
  • Supervise and approval of all financing proceeds (transfers, checks, deposits, etc.)
  • Supervise and approval of Complete Accounting Cycle
  • Supervise and approval of Financial Statements
  • Supervise and approval of Income Tax Report
  • Supervise and approval of Other Tax Reports
  • Supervise and approval of Bank Conciliations
  • Provide figures certification by a Certified Public Accountant
  • Provide fully bilingual financial support (English, Spanish and Portuguese)

Affordable Fees...Costs are based on the time and expertise required for the needs of your business. You deserve as much value as possible for the fee charged. At your initial conference, we will discuss the nature of the work to be done for your business and the fee arrangement to fit your budget. There is no charge for this conference and we encourage you to discuss fees with us at anytime.

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